The Fed Hints at an End for Rate Hikes
At the conclusion of its May meeting, the Federal Reserve’s monetary policy committee raised the federal funds target rate by
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New This Week
Spring Market Proves More Competitive Than Expected
Home prices are back on the rise, and with a drop in listings bidding wars have been renewed and more
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Is The Shift to a Buyer’s Market Underway?
Seasoned veteran lender Toby Potter, the CEO of Dallas-based private lender Global Integrity Finance, sees the transformation coming inside six
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Improved Affordability Expectations Lead to More Engaged Buyers
56% report being actively engaged in the purchase process in the first quarter of 2023, up from 46% a quarter
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Landsea Homes Launches Sales at Highly Sought-After Central Florida Community
Spring Walk at The Junction includes 150 single-family homes with a variety of spacious single-family floor plans ranging from 1,815
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Housing Availability Expectations See Mild Improvement
Buyers’ expectations of housing availability edged up slightly in the first quarter of 2023, with 26% expecting the home search
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Real Estate Trade Groups Unite in Support of Federal Fair Housing Rule
A coalition of housing groups have united during Fair Housing Month in support of the Department of Housing and Urban
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March New Home Sales Jump on Lower Rates and Tight Existing Home Supply
Sales of newly built, single-family homes in March increased 9.6% to a 683,000 seasonally adjusted annual rate from a downwardly
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Lower Rates Spark Housing Demand
According to Eye On Housing, the retreat in mortgage interest rates during the first quarter of 2023 (from the 20-year
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Homebuilding Activity Rises – Helping To Cool the Market
According to data from the Census Bureau housing starts rose by nearly 10% in February as compared to the month
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Single-Family Starts Improve in March
Single-family production showed signs of a gradual upturn in March as stabilizing mortgage rates and limited existing inventory helped to
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Home Prices Grew 4.7 Percent Year over Year in First Quarter
Fannie Mae’s Home Price Index showed a quarterly increase of 1.0 Percent on a seasonally adjusted basis. Single-family home prices
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Inflation Cools as Builder Sentiment Rises
Builders remained cautiously optimistic in April, as limited resale inventory helped to increase demand in the new home market. Data
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Homebuilders to the Rescue
Demand for new construction provides builders with opportunity By Patrick Duffy If there is one common thread among the various
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U.S. Rents Post First Annual Decline in Three Years
In March, the median asking price for rent dropped 0.4% year over year to $1,937. This was the first time
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U.S. Homebuilder Sentiment Improves for Fourth Straight Month
Though battling building material issues, builders remain confident with builder confidence rising to 45 points for newly built single-family homes
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Falling Mortgage Rates Set To Boost Home Sales By More Than 200,0000
The average U.S. rate for a 30-year fixed home loan dropped to 6.28% last week from 6.73% in March’s first
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The Housing Market Has Now Bottomed Out, and Americans are Buying Homes Again
After seven months of declines, home prices rose 0.8% in February. That’s double their increase historically, indicating prices have bottomed
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Inflation Shows Further Signs of Cooling
Consumer prices in March saw the smallest year-over-year gain since May 2021 with a ninth consecutive month of a deceleration.
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Townsend at Ellis by Landsea Homes Sold Out
Tracy, Calif. – Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, announced that it has sold
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Demand Outpaces Limited Supply, Making Some Markets Feel Hot Despite Few Sales
Though mortgage rates remain high and inventory low, homes are selling fast in some markets across the country as buyers
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Market Data Suggests Housing Sector’s Downturn ‘Coming to an End’
Continuing its trend downward, the 30-year fixed mortgage rate dropped for the fourth straight week in a row to 6.28%.
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Fannie Mae Expands Equitable Housing Finance Plan
Innovations build on multi-year effort to drive equity in the housing industry. Fannie Mae (FNMA/OTCQB) today released its annual update
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Is the Spring Homebuying Season Poised for a Surge?
Trends analytics suggest an uptick as consumers come to terms with the new norm in rates. What soft housing market?
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U.S. Home Prices Jump Up After 7 Months of Declines — But Not in the West
‘Tale of two housing markets’: Home prices down in the West, while East sees more gains After seven straight months
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MBK Rental Living Begins Construction of 315-Unit Luxury Apartment Project in Anaheim, California
Zia will bring much-needed housing to Orange County, California where less than 3 in 10 first-time homebuyers can afford to
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Mortgage Rates Drop for Third Consecutive Week
The average 30-year fixed mortgage rate falls below 7% for the first time since February. According to U.S. News, the
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Housing Market Paradox: A Regional Divide
As home prices in the West Coast plunge, the East Coast surges. According to Insider, the regional divide in the
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FHFA Report Shows Improvement in Fannie Mae, Freddie Mac Loan Performance
Report also highlights data on forbearance, foreclosure, and delinquency rates. The Federal Housing Finance Agency (FHFA) has released its latest
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NAHB Applauds Senate Passage of WOTUS Resolution
NAHB Chairman Alicia Huey issued a statement after the Senate passed a Congressional Review Act joint resolution of disapproval that
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Pending Home Sales Grew for Third Straight Month, Up 0.8% in February
Pending home sales rose for the third consecutive month, up 0.8% from January. Month-over-month, contract signings increased in three U.S.
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